For Immediate Release: September 24, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Chi Chi Wu (cwu@nclc.org)  550% increase in credit reporting complaints to CFPB in the past six months Washington, D.C. - A coalition of 21 consumer, faith, and advocacy groups sent a letter today to Consumer Financial Protection Bureau Director Kathy [...]

FOR IMMEDIATE RELEASE: September 17, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Persis Yu (pyu@nclc.org) Boston - Today, Senators Schumer and Warren announced they are introducing a Resolution calling on the President of the United States to take executive action to broadly cancel up to $50,000 in federal student loan debt for [...]

FOR IMMEDIATE RELEASE: September 8, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Odette Williamson (owilliamson@nclc.org) National Consumer Law Center Advocates Urge HUD to Reverse Course and Restore Key Civil Rights Protections Washington, D.C. - In a continuing  campaign to weaken civil rights protections, the U.S. Department of Housing and Urban Development (HUD) [...]

FOR IMMEDIATE RELEASE: September 3, 2020 Press Contacts:  Jan Kruse (NCLC): jkruse@nclc.org,  Ricardo Quinto (CRL): ricardo.quinto@responsiblelending.org, and Carter Dougherty (AFREF) carter@ourfinancialsecurity.org The timing of the OCC’s embrace of predatory lenders could not be worse   We are in the midst of an unprecedented health crisis and a severe economic crisis, with both crises impacting communities of [...]

FOR IMMEDIATE RELEASE: August 18, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Alys Cohen (acohen@nclc.org) National Consumer Law Center Statement: Proposal May be Challenged Washington, D.C. - Today, the Consumer Financial Protection Bureau’(CFPB) announced a Notice of Proposed Rulemaking regarding the Dodd-Frank Act ability to repay and qualified mortgage rules. The following [...]

FOR IMMEDIATE RELEASE: AUGUST 4, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or April Kuehnhoff (akuhenhoff@nclc.org) Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) should withdraw its supplemental proposed rule on disclosures and instead completely ban all collection of time-barred “zombie” debt, both in and out of court, wrote the National Consumer [...]

For Immediate Release: July 31, 2020 Media Contacts: National Consumer Law Center: Jan Kruse (jkruse@nclc.org) Center for Responsible Lending: Ricardo Quinto (ricardo.quinto@responsiblelending.org) National Community Reinvestment Coalition: Alyssa Wiltse (awiltse@ncrc.org)  WASHINGTON, D.C. - The National Consumer Law Center, Center for Responsible Lending, and the National Community Reinvestment Coalition filed an amicus brief in Lacewell v. Office of the [...]

FOR IMMEDIATE RELEASE: JULY 28, 2020 Contacts:  Americans for Financial Reform: Diop Harris (diop@ourfinancialsecurity.org) or Linda Jun (linda@ourfinancialsecurity.org) National Consumer Law Center: Jan Kruse (jkruse@nclc.org) or Alys Cohen (acohen@nclc.org) Washington, D.C. – More than 50 consumer, civil rights, community, housing, and other public interest organizations sent a letter today to U.S. Senate leadership urging inclusion [...]

FOR IMMEDIATE RELEASE: JULY 27, 2020 CONTACTS: Jan Kruse (jkruse@nclc.org) or Persis Yu (pyu@nclc.org) New Republican Stimulus Bill Fails 43 Million Student Loan Borrowers Statement of Persis Yu, director of NCLC’s Student Loan Borrowers Assistance Project, in response to the COVID-19 stimulus package proposed by Senate Republicans today. “As Senator Lamar Alexander (R-Tenn.) correctly stated [...]